Pound Sterling Price News and Forecast: Stalls below 1.3700 as markets await BoE rate decision

FXStreet Team FXStreet

GBP/USD stalls below 1.3700 as markets await BoE rate decision

The Pound Sterling (GBP) drops against the US Dollar (USD) on Wednesday, and it remains trading below the 1.3700 figure, posting losses of 0.23% as traders wait for the Bank of England’s (BoE) monetary policy decision. Read More...

Pound Sterling ticks up against USD ahead of US private job, PMI data

The Pound Sterling (GBP) trades higher against its major currency peers on Wednesday as investors await the Bank of England’s monetary policy announcement on Thursday. The British currency gains on expectations that the BoE will leave interest rates unchanged at 3.75% in its first policy meeting of 2026. Read More...

GBP/USD Price Forecast: Steadies above 1.3700 near nine-day EMA support

GBP/USD steadies after registering modest gains in the previous session, trading around 1.3700 during the Asian hours on Wednesday. The technical analysis of the daily chart points to a potential bearish reversal as the range narrows, indicating waning buyer momentum within a rising wedge pattern. Read More...

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EUR/USD remains slightly offered above 1.1800

EUR/USD trades with marginal losses just above the 1.1800 barrier Wednesday, always against the backdrop of the resumption of the upside momentum in the US Dollar. Meanwhile investors continue to assess the latest advanced inflation data in the euro area and results from the US ADP and ISM Services PMI.

GBP/USD loses the grip, back near 1.3670

GBP/USD reverses Tuesday’s gains, coming under fresh selling pressure and challenging the mid-1.3600s zone on Wednesday. Furthermore, Cable’s downtick comes in response to decent gains in the Greenback while investors gear up for the BoE’s Super Thursday.

Gold resumes the decline, back below $5,000

Gold faces some fresh downside pressure on Wednesday, receding below the key $5,000 mark per troy ounce midweek. The yellow metal’s decline comes on the back of the firmer US Dollar and mixed US Treasury yields across the curve, while fresh geopolitical effervescence appears to limit occasional weakness.

Crypto Today: Bitcoin, Ethereum, XRP tick up despite macro uncertainty, retail exodus

Bitcoin rises above $76,000 following an extended decline to $72,946 the previous day as Fed-related headlines keep investors on edge. Ethereum advances toward the $2,300 hurdle amid low retail interest, with futures Open Interest falling to $26.3 billion.

Should investors abandon AI as software stocks slide?

AI is not being abandoned by markets. It is being priced more carefully. Over the past few weeks, the underperformance of software and SaaS stocks has sparked a familiar question: is the AI trade breaking down? The answer is no.

Ripple stabilizes amid mixed signals as ETF inflows resume despite low retail activity

Ripple hovers around the $1.60 pivotal level at the time of writing on Wednesday, reflecting stable but weak sentiment across the crypto market. Intense volatility triggered a brief sell-off on Tuesday, driving the remittance token to pick up liquidity at $1.53 before recovering to the current level.